Finance Minister AMA Muhith has told the parliament that the total investment in the country’s public and private sectors went up gradually in the last four years.
The minister made the statement while replying to a question at the parliament on Thursday.
“It is not true that investment has declined and liquidity crisis has increased in the banking sector, rather the investment is increasing gradually,” he said.
“As of June 2015, the investment in both public and private sectors rose at Tk4,384.4 billion (29 percent of GDP) in the country from Tk2,511.3 billion (27.4 percent of GDP),” the minister said.
About liquidity, he said the amount of liquidity in the banking sector stood at Tk1,169.42 billion at the end of August 2015 from Tk340.71 billion in June 2011.
In reply to another query, the Finance Minister said the amount of the assets deposited by the country’s people [adult citizen] in the banks increased by eight times in the last 15 years.
The deposited amount was Tk81,604.4 crore in 2000-2001 fiscal year, which stood at Tk746,300.2 crore in 2014-2015, he said.
However, the amount of per capita government loan rose at Tk26,152.77 in 2014-2015 fiscal year from Tk9,114.27 in 2000-2001 fiscal, he mentioned.
Responding to another question, Muhith said as of June 30, 2015 Bangladesh has received commitments of total US$ 91.47 billion assistance from various donor countries and agencies since the independence of the country. Of the amount, the debt is $61.83 billion and grant is $29.64 billion.
However, $ 64.79 billion –$ 39.50 billion debt and $ 25.29 billion grant- were disbursed in the time, he said.
In the last fiscal of 2014-15, Bangladesh paid Tk1,419.29 crore (US$ 182.83) as interest against the foreign loans. Now per capita debt is Tk13,160 (US$ 169), he said.
